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Bloomberg Quint

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HDFC Bank, SBI, City Union Bank — Nirmal Bang Top Stock Picks In Banks, Specialised NBFCs; Q1 Results Preview

  • Nirmal Bang has identified SBI, HDFC Bank, Kotak Bank, City Union Bank, and PNB Housing Finance as top stock picks in the banking sector.
  • Gold loan NBFCs are expected to experience strong loan growth and lower credit costs in Q1 FY26 due to high gold prices.
  • Nirmal Bang projects that its coverage banks will witness a 2.7% YoY growth in net interest income/pre-provision operating profit and a 3.4% YoY decline in PAT due to business growth slowdown and margin pressure.

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HinduBusinessLine

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India's growth cycle bottoming out, normal monsoon support growth ahead: HSBC

  • HSBC's report suggests that India's growth cycle may be bottoming out with various supportive factors in place such as declining interest rates, liquidity cycle, lower crude oil prices, and expectations of a normal monsoon.
  • The report anticipates a boost in growth driven by sustained government spending on infrastructure, manufacturing, increased private investments, and a recovering real estate sector.
  • Furthermore, the report highlights potential for faster economic growth in India due to higher private sector investments in renewable energy, localization of technology components, and increased integration into global supply chains.
  • Despite global uncertainties, including trade-related concerns and reciprocal tariffs, the report remains optimistic about India's growth prospects, citing a GDP growth of 7.4% in Q4FY25 and potential policy easing supported by a weakening US dollar and lower crude oil prices.

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Livebitcoinnews

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XRP, BTC, and ETH Surge Together — Why Are Users Flocking to SunnyMining for Passive Crypto Income?

  • Bitcoin hit a new all-time high at $118,000, with ETH and XRP also climbing amidst a bullish wave in the crypto market.
  • SunnyMining is attracting users with its cloud mining platform that offers easy participation in daily crypto earnings.
  • New users are turning to SunnyMining due to its zero barriers to entry, support for trending coins, daily auto-payouts, AI-efficient hashpower, and green mining practices.
  • SunnyMining, trusted by over 1 million users worldwide, provides a simple, safe, and sustainable way to grow digital assets in the current market cycle.

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Bloomberg Quint

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Rupee Slides Against US Dollar Amid Global Trade Tensions

  • The Indian rupee fell below the 86-mark against the US dollar, opening 21 paise lower at Rs 86.01 due to renewed trade tensions stirred by US President Donald Trump's latest tariff announcement.
  • Global markets reacted nervously to Trump's decision to impose a 30% tariff on goods from the European Union and Mexico, leading to caution in Asian equity markets and a slight gain in the Japanese yen.
  • US economic data impacting rate expectations, with traders leaning toward ruling out a rate cut at the upcoming Federal Reserve meeting, but still indicating a 70% probability of easing in September.
  • Bitcoin surged past $119,000 after setting a record over the weekend, reflecting increased appetite for alternative assets amid global volatility.

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Bworldonline

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HP rolls out AI tech fit for hybrid work

  • HP launched a suite of AI solutions during the HP Day 2025 event to assist Filipino employees, especially in hybrid work setups.
  • The AI-powered PCs and laptops have edge AI capabilities and longer battery life, developed in collaboration with Intel and AMD.
  • The focus is on optimizing performance, improving collaboration tools, and enhancing user experience for applications like Zoom and Adobe.
  • HP also introduced AI-powered Poly devices for features like auto-framing and noise suppression, along with a built-in AI assistant called HP AI Companion.

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HinduBusinessLine

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India should avoid hasty trade deal under US pressure, as it may not survive next US political shift: GTRI

  • Global Trade Review Institute (GTRI) advises India to avoid rushing into trade deals under US pressure to safeguard core sectors like agriculture.
  • US's aggressive trade threats, known as MASALA deals, demand one-sided terms with limited success as only the UK and Vietnam have agreed to them.
  • Countries like Japan, South Korea, the EU, and Australia have resisted US demands, leading to punitive measures like tariffs on imports from certain nations.
  • GTRI warns India to be cautious as the US actively negotiates with various countries and emphasizes the limitations and implications of succumbing to such pressures.

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Bloomberg Quint

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Landmark Cars Rated New 'Buy' At B&K Securities; 60% Upside Seen

  • B&K Securities has initiated coverage on Landmark Cars with a 'Buy' rating, setting a target price of Rs 820, based on a potential upside of 61.4%.
  • Landmark Cars is predicted to be at the end of its profit slump and expected to undergo a robust recovery, driven by the establishment of new strategic partnerships and improvements in after-sales services.
  • Cost rationalization efforts by Landmark Cars in 2025 have been successful, leading to reduced employee and other expenses as a percentage of revenues, with further cost reductions targeted for 2026.
  • Highlighted by B&K Securities are Landmark Cars' high entry barriers in the market, its professional management, and strong relationships with notable OEMs, positioning the company for sustained success.

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Bloomberg Quint

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Swiggy Rated New 'Accumulate' At Elara Securities; Price Target Set At Rs 450

  • Elara Securities has given Swiggy an 'Accumulate' rating with a price target of Rs 450, citing its potential in the eCommerce industry.
  • Swiggy's food delivery arm is surpassing Zomato in gross order value growth, showcasing improved profitability according to Elara.
  • Elara foresees Swiggy's quick commerce arm, Instamart, achieving positive contribution margin by Q1FY27 despite battling competition and fixed costs.
  • Swiggy is expected to capitalize on the expanding quick commerce market, with projections indicating significant growth opportunities compared to its competitors.

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Bloomberg Quint

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DMart Q1 Results Review: HDFC Securities Maintains 'Add' Rating Though Margin Disappoints — Here's Why

  • DMart's revenue grew 16.2% YoY to Rs 159.3 billion in Q1 FY26.
  • HDFC Securities maintains an 'Add' rating for DMart despite margin disappointment, with EPS estimates cut for FY26/27 by ~3/2% respectively.
  • Challenging competitive landscape and store addition pace with margin improvement are key monitorables for DMart.

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HinduBusinessLine

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Why VIP Industries, Glenmark, HFCL, RITES, Wheels India, 10 others will make waves in today’s trade (July 14)

  • Glenmark Pharmaceuticals hit with US FDA warning letter for Indore facility.
  • Neogen Chemical to raise ₹200 crore via issuance of NCDs.
  • Titagarh Rail Systems acquires land for Vande Bharat coaches production.

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Bloomberg Quint

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Stock Recommendations Today: Paytm, Mazagon Dock, DMart, Swiggy On Brokerages' Radar

  • UBS hikes target price on Paytm, Mazagon Dock and Swiggy get new coverage.
  • Analysts share views on DMart's June quarter earnings, brokerages' top picks.
  • Paytm, DMart, Mazagon Dock, Swiggy among top companies on brokerages' radar today.

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Bloomberg Quint

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Jane Street Deposits Rs 4,800 Crore In Escrow As Mandated, But Won't Resume Trading Immediately

  • Jane Street, a Wall Street high-frequency trader, has deposited the mandated Rs 4,843.50 crore in an escrow account as per SEBI's interim order on July 3, 2025.
  • The US-based investment firm does not plan to immediately resume trading in India and intends to challenge the SEBI order.
  • SEBI accused Jane Street of intra-day index manipulation, to which the firm responded by defending its trades aimed at profiting from mispricing between Nifty Bank options and index values.
  • SEBI's investigation into Jane Street is ongoing, with an expected timeline of 6-9 months before a final report and show cause notice are issued.

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HinduBusinessLine

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Weakness seen for Nifty, Sensex at open

  • Investors are cautious as global cues and ongoing trade negotiations with the US impact domestic equities.
  • Traders are hesitant to take positive bets due to uncertain environment and high stock valuations.
  • Market health-check reveals mixed conditions, with some risks to the downside, signaling a weak opening for Nifty.
  • FPI inflows into Indian equity turned negative in July, potentially influenced by market recovery and elevated valuations.

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Bloomberg Quint

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Petrol, Diesel Prices Flat On July 14 — Here's How Much You Pay For Fuel In Your City

  • Fuel prices remained steady in India on July 14, 2025, with no changes in petrol and diesel rates across most metros.
  • The last significant adjustment in petrol prices was in March 2024 when there was a reduction of Rs 2 per litre.
  • Current petrol prices in major cities are as follows: Delhi - Rs 94.77, Mumbai - Rs 103.50, Chennai - Rs 100.80, Kolkata - Rs 105.41 per litre.
  • Diesel prices are also stable: Delhi - Rs 87.67, Mumbai - Rs 90.03, Chennai - Rs 92.39, Kolkata - Rs 92.02 per litre.

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Bloomberg Quint

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Mazagon Dock Rated New 'Sell' At Asian Markets Securities As Brokerage Says Premium Valuations A Concern

  • Asian Markets Securities has initiated coverage on Mazagon Dock Shipbuilders Ltd. and given it a 'sell' rating with a target price of Rs 2,100.
  • This is the second bearish rating on the stock, following JPMorgan's 'underweight' rating last month.
  • The brokerage is concerned about premium valuations and values Mazagon Dock Shipbuilders at a price-to-earnings ratio of 24 times FY28E EPS.
  • While the growth story appears strong for fiscal years 2029-2035, the brokerage anticipates a structural execution gap in fiscal years 2027-2028, impacting revenue visibility post fiscal year 2026.

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